In tax lingo, your principal residence is the place where you legally reside. It’s typically the place where you spend most of your time, but several other factors are also … Continue Reading Tax Benefits of Home Ownership
Do you ever wonder where your money goes each month? Does it seem like you’re never able to get ahead? If so, you may want to establish a budget to … Continue Reading Establishing a Budget
Whether you’re seeking to manage your own assets, control how your assets are distributed after your death, or plan for incapacity, trusts can help you accomplish your estate planning goals. … Continue Reading Trust Basics
When you refinance your mortgage, you take out a new home loan and use some or all of the proceeds to pay off the existing one. Why refinance your mortgage? … Continue Reading Refinancing Your Mortgage
When your child first started school, you doled out the change for milk and a snack on a daily basis. But now that your kindergartner has grown up, it’s time … Continue Reading Teaching Your College-Age Child about Money
Why is the preparation of financial statements important during the divorce process? Before a reasonable property settlement can be negotiated, it’s important for both spouses in a divorce to disclose … Continue Reading Budgets and Cash Flows
Divorce can be a lengthy process that may strain your finances and leave you feeling out of control. But with the right preparation, you can protect your interests, take charge … Continue Reading Dealing with Divorce
There’s no doubt about it — going through a divorce can be an emotionally trying time. Ironing out a divorce settlement, attending various court hearings, and dealing with competing attorneys … Continue Reading Adjusting to Life Financially after a Divorce
Social Security was originally intended to provide older Americans with continuing income after retirement. Today, though the scope of Social Security has been widened to include survivor, disability, and other benefits, retirement benefits are still the cornerstone of the program.
Approximately 68 million people today receive some form of Social Security benefits, including retirement, disability, survivor, and family benefits. (Source: Fast Facts & Figures About Social Security, 2019) Although most … Continue Reading Understanding Social Security
There’s no doubt about it–owning a home is an exciting prospect. After all, you’ve always dreamed of having a place that you could truly call your own. But buying a home can be stressful, especially when you’re buying one for the first time. Fortunately, knowing what to expect can make it a lot easier.
What are your other options when you can’t meet your financial obligations? You have studied your financial picture carefully, and you realize that there is simply no way to make … Continue Reading Other Options When You Can’t Meet Your Financial Obligations
You may have lost your job already, or it’s something you’re concerned about. Either way, the keys to surviving a job loss financially are to plan ahead, take stock of … Continue Reading Financial Survival After a Job Loss
Planning for your own business Before you start your own business or buy an existing business, you should do some initial planning. You may have already decided what type of … Continue Reading Starting or Buying a Business?
Fraudsters and scam artists are always looking for new ways to prey on consumers. Now they are using the same tactics to take advantage of consumers’ heightened financial and health … Continue Reading Watch Out for Coronavirus Scams
So you’re about to become a parent. Congratulations! Parenthood may be one of the most rewarding experiences you’ll ever have. As you prepare for life with your baby, here are … Continue Reading Preparing for Parenthood